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Bezant Resources ( (GB:BZT) ) has shared an update.
Bezant Resources has secured a conditional prepayment facility of up to USD 7 million and a concentrate offtake agreement with a global commodities trading company to advance its Hope and Gorob copper project in Namibia. This agreement, which includes a senior secured facility and a life-of-mine concentrate offtake, is crucial for the project’s development schedule and financing arrangements, including payments for plant upgrades and construction of new facilities.
More about Bezant Resources
Bezant Resources PLC operates in the mining industry, focusing on the exploration and development of mineral resources. The company’s primary projects involve copper, with a significant market focus on the development of the Hope and Gorob copper project in Namibia.
Average Trading Volume: 117,531,429
Technical Sentiment Signal: Hold
Current Market Cap: £18.5M
See more insights into BZT stock on TipRanks’ Stock Analysis page.